ETFdb Realtime Rating & Analyst Report for DNO
DNO is a passive Commodity Pool that seeks to replicate the Light, sweet crude oil (inverse). The investment objective of DNO is to have the changes, in percentage terms, of the units' net asset value inversely reflect the changes, in percentage terms, of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the price of the futures contract on light, sweet crude oil as traded on the New York Mercantile Exchange that is the near month contract to expire, except when the near month contract is within two weeks of expiration, in which case the futures contract will be the next month contract to expire, less DNO's expenses.
| ETFdb Category | Expense Ratio | Inception Date | Issuer | Structure | YTD Return * |
|---|---|---|---|---|---|
| Inverse Commodities | 0.60% | 2009-09-24 | US Commodity Funds | Commodity Pool | +8.94% |
* As of 05-23-2012
DNO Realtime Rating: By Metric
| Metric | Metric Realtime Rating | A+ Metric Rated ETF |
|---|---|---|
| Liquidity | A | DGZ |
| Expenses | A+ | DNO |
| Performance |  |
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| Volatility | |
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| Dividend | |
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| Concentration | |
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The first adjacent table gives investors an individual Realtime Rating for DNO on several different metrics, including liquidity, expenses, performance, volatility, dividend, and concentration of holdings. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Inverse Commodities ETFdb Category with the highest Metric Realtime Rating for each individual field.
DNO Realtime Rating: Overall
| ETFdb Rating Type | Overall Rating | A+ Overall Rated ETF |
|---|---|---|
| Realtime Rating (Overall) | |
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The second table shows the overall Realtime Rating for DNO, as well as the A+ Overall Rated ETF in DNO's Category. To view information on how the ETFdb Realtime Ratings work, click here.
ETFdb Analyst Report for DNO
This ETF offers a way for investors to establish short exposure to crude oil. As such, this fund can be useful for those who believe a pullback in crude prices is due, and is probably appropriate only for more active traders (DNO certainly has no place in a long-term buy and hold portfolio). There...
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